NOT LISTED FOR SALE

1042 E Apache Rd Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $1,728,000 - $1,911,000

4 Beds
3 Baths
2,055 Sq Ft
$873/Sq Ft Est. Value

Last Sold April 11, 2019

Last sale price $1,195,000 $582 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,889/month

73 Days on Market

About This Home

As of April 2019

Here is one of the finest restorations of classic post and beam Palmer and Krisel architecture in the iconic Twin Palms neighborhood. To the street, Krisel's Long Gable design presents a rugged faíƒÂ§ade of carefully masoned desert stone, while at the back the home it opens up with delicate panes of glass bracketing a massive stone fireplace. These homes exemplify optimism by combining an indoor/outdoor experience with iconic architecture and magnificent mountain views in one of California's greatest resort cities. A sensitive addition was done that adds another master suite to the standard Krisel floor plan. All the systems (plumbing, roof, air conditioning and electric) have been fully replaced and upgraded. The home is solar ready. Seamless terrazzo tiles flow throughout. A new spa and fully remodeled pool along with new custom designed landscaping and irrigation make for a spectacular vintage vibe but with the security and low maintenance of a like-new home.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 01/02/2019

Compass

Last Buyer's Agent

Christopher Bale

Equity Union License #01920366

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,074

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Style: Mid-Century
  • Levels: Ground Level
  • Builders Tract Code: 7020
  • Building Type: Detached
  • Year Built: 1957
  • Price Per Sq Ft: 581.51
  • Special Features: None

Interior Features

  • Equipment: Range/Oven, Refrigerator
  • Flooring: Carpet, Terrazzo
  • Fireplace Rooms: Living Room
  • Bedrooms: 4
  • Full Bathroom: 3
  • Total Bathrooms: 3.00
  • Laundry: Inside, Laundry Area
  • Living Area: 2055

Exterior Features

  • Spa: Heated, In Ground, Private
  • Pool: In Ground, Private
  • Pool: Yes
  • Spa Yn: Yes
  • Stories: 1
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Details: Garage - 2 Car
  • Garage Spaces: 2

Utilities

  • Water District: Desert Water Agency
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Sewer: In Connected and Paid
  • Water: District

Lot Info

  • Zoning: R1C
  • Assessor Parcel Number: 511-032-014
  • Lot Size Area: 10454

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Mar 22, 2019
Sold by
Roberts J R
Bought by
Carlson David J and Lajoie Marcel
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Christopher Bale
Equity Union
List Price
$1,245,000
Sold Price
$1,195,000
Premium/Discount to List
-$50,000
-4.02%
Current Estimated Value
$1,794,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,047
Avg. Annual Appreciation
6.46%
Original Mortgage
$813,000
Outstanding Balance
$713,309
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,080,738

Purchase Details

Listed on
Nov 8, 2017
Closed on
Nov 17, 2017
Sold by
Chancy Patricia Lynn
Bought by
Robert J R
Seller's Agent
Laura Lake
RE/MAX Consultants
Buyer's Agent
Ttk Represents
Compass
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.63%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Chaney Byron R and Chaney Shirley R
Bought by
Chaney Byron R and Chaney Shirley R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carlson David J $1,195,000 Wfg National Title
Robert J R $625,000 Wfg National Title Company
Roberts J R $625,000 Wfg National Title Company
Chaney Byron R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson David J $813,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2019 04/11/19 Sold $1,195,000 -4.0% $582 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $1,245,000 +99.2% $606 / Sq Ft
12/04/2017 12/04/17 Sold $625,000 -3.8% $318 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $650,000 -- $331 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,074 $1,333,041 $133,860 $1,199,181
2023 $16,074 $1,281,279 $128,663 $1,152,616
2022 $16,399 $1,256,157 $126,141 $1,130,016
2021 $16,061 $1,231,527 $123,668 $1,107,859
2020 $15,329 $1,218,900 $122,400 $1,096,500
2019 $8,383 $651,780 $191,250 $460,530
2018 $8,052 $625,000 $187,500 $437,500
2017 $1,926 $139,858 $30,415 $109,443
2016 $1,874 $137,117 $29,819 $107,298
2015 $1,786 $135,060 $29,372 $105,688
2014 $1,747 $132,417 $28,798 $103,619
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Ttk Represents

    Compass

    (760) 350-9253

    12 in this area

    243 Total Sales

    Ttk Represents
    Section Image
  • Christopher Bale

    Buyer's Agent in 2019

    Christopher Bale

    Equity Union

    (323) 632-1701

    1 in this area

    60 Total Sales

    Christopher Bale
    Section Image

  • L

    Seller's Agent in 2017

    Laura Lake

    RE/MAX

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 18-414062

California Desert Association of REALTORS®

APN: 511-032-014

California Riverside County Palm Springs 92264 Twin Palms

1042 E Apache Rd, Palm Springs, CA

This home is located at 1042 E Apache Rd, Palm Springs, CA 92264 since 02 January 2019 and is currently estimated at $1,794,047, approximately $873 per square foot. This property was built in 1957. 1042 E Apache Rd is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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